Gold had trapped trader long thus liquidity is formed to the downside. Gold has a high probability to sell of from this area to target liquidity. Watch and learn :)
Gold has previous made Monthly lows and not through my technical analysis and back tested strategy gold has a high probability to push up to target liquidity. Feel free to ask for any help @FalakTrader
Gold has wicked to target previous traders stop losses who went long on gold as shown on the 4 hours. followed by a close above previous support indicating a nice bullish move to the upside Strong engulfer formed on the one hour timeframe paired with a triple bottom
Gold may rise slightly more put I still have a short bias on gold Nice rejections forming on the 15min for the first entry if Gold gets to 1860 will be looking for a re entry Gold is currently around key level and looking for it to continue it's momentum to the downside Feel free to message me @FalakTrader for full analysis
The first entry we took got stopped out due to Corona virus vaccines news. Now that news has taken affect we are going to re attempt shorting gold . Gold has hit key structure and using the move up which has drew traders long to be the catalyst for Gold to start melting.
Gold is in a bullish market. Gold has extended far away from the VWAP and want price to have a pull back closer to the WVAP Private analysis used feel free to message me @FalakTrader
Gold has pulled back hitting traders stop losses looking for a move to the downside with Gold as it has hit traders stop losses who were previous shorting Gold . Secret Analysis technique used feel free to message me @FalakTrader
Gold has reached to key 4HR structure and looking for an impulse to the downside after a retracment. If price gets to around 1915 will be looking to add another entry. There are private confluences which I have not mentioned but have a high success rate Any questions feel free to message me on Trading View @FalakTrader
Break and re test. Decent risk to reward ratio. Gold dropped to liquidity picked up orders and now we are looking to take it back up to 1909-1910.50
4 hour close below resistance. Failure to make higher highs indicating momentum switch.
Candles rejecting closing below 1.35000 on the Weekly TimeFrame. Respect of the TrendLine on the weekly timeframe. Expecting a W to form on the Weekly timeframe to indicate a move to the upside.
Looking for a rejection of the 1800 level with the 4hour candles and looking for a continuation to the downside.
Weekly/Monthly resistance. Expecting a nice retracment to the downside, however the market makers know people are looking/shorting Gold therefore Market Manipulation is a high probability before we can see a nice 300pip retracment.
EUR/USD currently at a key price range. Following the rejecting of the level from lower timeframes indicates a reversal of trend. If we do not see some nice buying momentum soon we will be exiting the trade. Trade Safe Traders!
Looking for a continuation of trend. Trade Safe Traders.
Feel free to message me @FalakTrader if you need help understanding my analysis. Trade Safe Traders.
Looking for a continuation of a downtrend. Trade safe Traders👍.
Looking for a bounce of S/R line and to continue an uptrend. Trade Safe Traders!